CFPB ordered Navy Federal in November 2024 to pay $80 million to service members unfairly charged overdraft fees. CFPB terminated that mandate this month.

The Consumer Financial Protection Bureau's reversal on its settlement with Navy Federal Credit Union is part of a broader ...

A group of senators says they have "profound alarm" and are demanding answers over the unprecedented decision by the ...

For the tenth straight year, Navy Federal Credit Union ranks No. 1 among US multichannel banks for customer experience (CX) quality, according to Forrester's latest Customer Experience Index (CX ...

While Open Banking transactions remain significantly less prone to fraud than other payment types, f ...

ATLANTA, GEORGIA – MARCH 28: Kelli Ferrell attends the Fifty Shades of Power Edition Cover Reveal and Launch Party at Lock and Key on March 28, 2024 in Atlanta, Georgia. (Photo by Joi Stokes/Getty ...

Navy Federal Credit Union will not pay a $15 million fine or $80 million in restitution to service members who were illegally charged surprise overdraft fees when their accounts had sufficient funds.

According to the CFPB, from 2017 to 2022 Navy Federal charged customers surprise overdraft fees on certain ATM withdrawals and debit card purchases, even when their accounts showed sufficient ...

NEW YORK (AP) — Navy Federal Credit Union will no longer have to refund $80 million to servicemen and women for illegally charging them overdraft fees on their accounts, after the President ...

The Consumer Financial Protection Bureau, led by President Trump’s administration, has dropped a case against Navy Federal Credit Union. The case involved $80 million in refunds for illegal ...

Navy HR modernization effort in limbo as CIO, CNP clash Personnel leaders said the contract was allowing the Navy to pursue the cancellation of IT programs that had failed to deliver results for years ...

26-year-old James Charles Hart of Wynne, who was dishonorably discharged from the U.S. Navy, has been sentenced to 12 years in federal prison for possession of ...